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Transaction values rise as sales contracts increase
Oman’s real estate transaction value increased by 7.7% to RO 1.72 billion, according to statistics published by the National Centre for Statistics and Information (NCSI).
The rise was partly driven by higher sales activity: the value of sales contracts climbed 15.7% to RO 843.2 million, up from RO 728.5 million a year earlier. The number of sales contracts also increased by 3.9% year on year, based on the same NCSI release.
Why this matters for Oman’s business climate
Real estate transaction values are a closely watched indicator for business confidence, household demand, and investment appetite. For companies and residents, stronger sales contract values can signal firmer pricing in parts of the market and potentially higher costs for expansion, housing, or staff accommodation.
For investors and developers, the data can help gauge momentum in the property cycle and inform decisions around project timing, financing, and leasing strategies, especially in Muscat and other high-demand areas.
What to watch next
- Whether growth is concentrated in specific governorates or property types (not provided in the source excerpt).
- How volumes compare with values, to understand whether the rise is price-led or activity-led.
- Any follow-up NCSI breakdowns that clarify trends in mortgages, grants, or other transaction categories (not included in the preview).
